EuroFinance’s top articles of 2022

We have compiled a top ten list of the most-read EuroFinance news articles from 2022, as ranked by unique user views from our global corporate treasury community.
1) European airlines gain €5bn from hedging as oil prices soar after invasion of Ukraine
2) Airlines in a quandary over hedging as fuel price rises
Airlines slashed their hedging by almost a quarter, as measured by average percentage of forecast fuel purchases.
3) Treasurers pull back deposits at top US banks as rates rise
Corporate clients withdrew $70bn in deposits from JPMorgan, BofA, Wells Fargo and Citigroup amid Federal Reserve rate hikes and plans for quantitative tightening.
4) American automakers ramp up commodity hedging as they play catch-up to VW, BMW
Ford & General Motors add an additional $466 million of commodity hedges in the third quarter of 2021.
5) US Treasurers ramp up FX hedging as the dollar continues to strengthen
Led by Apple, US tech giants increased their FX hedges in 2021, expecting a stronger US dollar to weigh on earnings in 2022.
6) P&G defends no-hedging policy, insists customers will pay for $2.3bn commodity hit
The consumer giant’s pain comes as US food companies added $1.37bn of commodity hedges in Q3, helping them to stave off inflation.
7) Hedging provides a $2bn relief to Asian Airlines against rising fuel prices
Top Asia-Pacific airlines which locked in prices of fuel earlier this year are sitting on a fair value gain of $2 billion as crude oil tops multi-year highs.
8) Corporates accelerate share buybacks into 2022 as cash and debt levels remain elevated
After spending a record $156bn on stock repurchases in Q3 2021, treasurers are ramping up the buybacks in 2022.
9) The EuroFinance International Treasury Management 2022: back after three years!
Day one recap: Here’s what treasurers discussed at the first day of 2022 EuroFinance International treasury management.
10) Medtronic’s journey to an automated FX hedging process
Automating FX hedging has not only helped Medtronic’s treasury team to save time and eliminate human error but also enable value creation across its